Great curation. It’s interesting to see a common thread of vertical integration across such different sectors—specifically with IREN in energy and TransMedics in healthcare. It's a powerful reminder that controlling the infrastructure is often the ultimate moat.
When evaluating these, do you prioritize current operating leverage (like Nordnet’s 60% margins) or the long-term TAM expansion? Would love to hear your take on balancing the two!
Great curation. It’s interesting to see a common thread of vertical integration across such different sectors—specifically with IREN in energy and TransMedics in healthcare. It's a powerful reminder that controlling the infrastructure is often the ultimate moat.
When evaluating these, do you prioritize current operating leverage (like Nordnet’s 60% margins) or the long-term TAM expansion? Would love to hear your take on balancing the two!
Will you continue to do publications?